Palmyra, NE 68418 | Listing | American Legacy Land Co.

Palmyra, NE 68418

Property Detail

Palmyra, NE 68418

Palmyra, NE 68418 - Otoe

MLS Id: 22511040

Listing Courtesy of: American Legacy Land Co.

Farms

Active

$925,000

73.22 acres

For Sale

Listing Date: 04/09/2025

Otoe Co 73 +/-
Looking to add to your present farming operation or future build/acreage site close to South Lincoln? Located just 20 minutes southeast of south Lincoln are 73 +/- acres of gently rolling farm ground located in Otoe County, NE.

The property borders State Highway 66A on the east side and is located 5.4 miles south of Palmyra, NE. The property is supported by electrical service at the property line plus rural water service.

The property is a dry farm and has been in corn and soy bean rotation. The ground is made up of predominantly Pawnee Clay Loam and Wymore Silty Clay with 4 to 8% slopes. The naturally low areas have good wide stands of grasses reducing the potential for erosion. Additionally, the property is terraced and does have drain tile in place. The property at 73 +/- acres is 95% farmable with only 3.38 acres of waste.

The input costs for the property are in place and the property will be planted this year in corn, the current owner is willing to pay a cash rent amount after harvest to the new owners.

Taxes: $2905.42

Please call listing agent, Bob Osborne, for additional information or to schedule a time to view the property.

Bob Osborne, Land Agent, American Legacy Land Company, 402-660-4970.

Facts & Features
School District
Palmyra

Lot Description
Farmland
Current Use
Agriculture
Minerals Information
Oil and Gas
Water
Wind
Oil and Gas % Owned
100
Water % Owned
100
Wind % Owned
100
Property Tax Exemption

No

Street/Utilities Information
Asphalt

Mortgage Options
Conventional Mortgage

Agricultural Uses
Row Crop
Tillable Acres

69.62

Row Crop Type(s)
Corn
Soy

Legal Address
27-8-9 S1/2NE1/4 LESS 5AC TRACT & HWY ROW 1.78AC 73.22 AC SOUTH
GIS Parcel Id

004120500

Directions
From Bennet, NE head South on HWY 43 to Martell Rd / K Road turn left onto Martell Rd / K Road and go 6 miles to South 8th Road turn right or head south for mile property is on the West side of the road.